MHKNYSECarpets & RugsFiscal year ends December 31
MOHAWK INDUSTRIES INC
Financials through Q2 FY2026, quarter ended Jul 4, 2026Last filing: 10-Q on Jul 31, 2026
$115.78−4.51 (-3.75%)
Close on Oct 19, 2026
- Market cap
- $7.05B
- P/E (TTM)
- 15.3
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
23.9%−1.6 pts over 5 years
Operating margin
4.5%−2.1 pts over 5 years
Net margin
3.4%−2.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -0.5% | -2.8% | +2.5% | +2.9% | |
| Gross profit | -4.2% | -4.4% | +1.2% | +0.7% | |
| Operating income | -29.4% | +26.1% | -5.1% | -5.2% | |
| Net income | -28.1% | +144.8% | -6.4% | -5.0% | |
| EPS, diluted | -26.7% | +147.7% | -3.9% | -3.3% | |
| Free cash flow | -9.3% | +91.0% | -14.4% | +3.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 17.5% | 6.2% | 4.7% | |
| Return on assets | 9.2% | 3.7% | 2.8% | |
| Current ratio | 1.28 | 2.26 | 2.19 | |
| Debt to equity | 0.43 | 0.32 | 0.24 | |
| Net debt to EBITDA | 1.41× | 1.58× | 1.03× | |
| Interest coverage | 31.6× | 12.1× | 27.5× | |
| Inventory turnover | 3.7× | 3.4× | 3.2× | |
| Capex to revenue | 7.5% | 4.5% | 4.1% | |
| Diluted shares | 75M | 71M | 62M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Mohawk Industries generated $5.50B from operations and spent $4.28B on capital expenditure, dividends and share buybacks. 65% of that went back into the business.
Generated
$5.50B
Used
$4.28B
Capital expenditure$2.76B65%Dividends$00%Share buybacks$1.52B35%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin3.4%
×Asset turnover0.82×
×Equity multiplier1.66×
=Return on equity, FY20254.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 3.4% | 0.82× | 1.66× | 4.7% |
| FY2024 | 4.7% | 0.83× | 1.74× | 6.8% |
| FY2023 | -4.0% | 0.81× | 1.77× | -5.7% |
| FY2022 | 0.2% | 0.83× | 1.72× | 0.3% |
| FY2021 | 9.2% | 0.78× | 1.68× | 12.2% |
| FY2020 | 5.4% | 0.69× | 1.66× | 6.2% |
| FY2019 | 7.5% | 0.75× | 1.70× | 9.6% |
| FY2018 | 8.6% | 0.79× | 1.74× | 11.9% |
| FY2017 | 10.2% | 0.85× | 1.74× | 15.1% |
| FY2016 | 10.4% | 0.89× | 1.90× | 17.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
7of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$369.90M
- Cash generatingOperating cash flow above zero$1.06B
- Return on assets improvedROA up on the prior year3.8% → 2.9%
- Earnings backed by cashOperating cash flow above net income$1.06B vs $369.90M
- Less leverageLong-term debt to assets fell13.2% → 12.7%
- Better liquidityCurrent ratio rose2.04 → 2.19
- No dilutionShare count did not rise64M → 62M
- Gross margin improvedGross margin up on the prior year24.79% → 23.87%
- More efficientAsset turnover rose0.80 → 0.85